The QPR Bond

[Abseits]

I feel this is something that needs its own thread as opposed to being wrapped up within the Training Ground thread.

Anyway, the initial offer/sale came and went - those that stumped up have received their bonds and will look forward to receiving their interest payments whilst crossing their fingers and hoping to score the 25% promotion bonus.

I notice the monthly Tifosi Exchange is now open and three separate QPR Bonds are currently on offer for £1200, £1250 and £1325. The bonds cost £500 when sold. I can't see how anyone would stump up that sort of money, I presume the sellers are chancing their arm or endeavouring to try and whip up some hysteria.

The Tifosi Exchange opens for one week on first Monday of every month - this is first opportunity there's been to flog your bonds.

I have some bonds but have no interest in flogging them at this juncture, well I would if I could get the above prices but like I say, I reckon they're fanciful.

I attach link to Tifosi Exchange but I suspect you can only view it if you're registered with Tifosi.....

https://www.tifosy.com/en/exchange?page=3&items=25

[Riverwild]

I've said this before and I will say it again.
The owners of QPR are looking for new investminvestmentsaunch of the bond proves that.

My prediction is within the next 6-12 months expect either major investment from outside the business. Or most likely there will be a buyout of QPR.

The owners are running the business very well now after major mistakes with the cash flow years ago. I cannot see the current owners borrowing more debt to fund a new stadium. That's not going to happen imho.

That will mean borrowing at least £100-£200 million for a new stadium. You guys need to understand something. The wealthy don't use their own money for big investments; they use borrowed money. That money usually comes from a bank.

The new stadium will be financed by either new investors or by new owners. Most will not agree with my comments. But this will happen sooner than we think. This is how big business is run.

[Abseits]

Today I received my QPR Bondholder Lapel Pin in the post.

It's quite smart. About size of £2 coin. I'd imagine it wasn't expensive to produce but its more about it's exclusivity and symbolism than it's scrap value.

I shall put it on before today's game to see if has any mystical luck bringing properties

[stanistheman]

[QUOTE=Abseits;n2573706]Today I received my QPR Bondholder Lapel Pin in the post.

It's quite smart. About size of £2 coin. I'd imagine it wasn't expensive to produce but its more about it's exclusivity and symbolism than it's scrap value.

I shall put it on before today's game to see if has any mystical luck bringing properties[/QUOTE]


So that's why we lost.

[Abseits]

Dug out this old thread cos these bonds mature this year and that means the club potentially has to hand £6 million back to those that invested in 2021.

BUT.... today they've announced a new QPR Bond. I guess the main hope is that existing bond holders just roll their investment over into the new bond.

Tifosi, who administer the bond, have made it easy for 2021 bond holders to transfer into the 2026 bond. THERE IS ALSO A FACILITY FOR NEW APPLICATIONS FROM ANYONE WHO DIDN'T BOTHER LAST TIME.

You can invest for 3 years and get 5% cash interest + 3% QPR cash per annum or for 5 years and get 6% +2% (there's also a 25% bonus if we get promoted during the term you hold the bond).

If you are a 2021 bond holder you can just leave it be and cash it in later this year of course - you don't have to invest in the 2026 bond if you don't fancy the new one.

Seems like a good deal - I've already applied to roll my 2021 bond over. It might oversubscribe for new applications so I wouldn't dither too long once its actually launched.*

I got this information as an existing bond holder - you may not see anything yet on the offish if you are not a current investor.


*Abseits is wildly unqualified to give financial advice and you are advised to seek professional guidance from someone in an expensive suit before proceeding.

[Darkranger]

Dug out this old thread cos these bonds mature this year and that means the club potentially has to hand £6 million back to those that invested in 2021.

BUT.... today they've announced a new QPR Bond. I guess the main hope is that existing bond holders just roll their investment over into the new bond.

Tifosi, who administer the bond, have made it easy for 2021 bond holders to transfer into the 2026 bond. THERE IS ALSO A FACILITY FOR NEW APPLICATIONS FROM ANYONE WHO DIDN'T BOTHER LAST TIME.

You can invest for 3 years and get 5% cash interest + 3% QPR cash per annum or for 5 years and get 6% +2% (there's also a 25% bonus if we get promoted during the term you hold the bond).

If you are a 2021 bond holder you can just leave it be and cash it in later this year of course - you don't have to invest in the 2026 bond if you don't fancy the new one.

Seems like a good deal - I've already applied to roll my 2021 bond over. It might oversubscribe for new applications so I wouldn't dither too long once its actually launched.*

I got this information as an existing bond holder - you may not see anything yet on the offish if you are not a current investor.


*Abseits is wildly unqualified to give financial advice and you are advised to seek professional guidance from someone in an expensive suit before proceeding.

Thanks for the update. I've yet to receive anything official.
I said previously that the club would have to offer something to stop every invester taking their money out at the end of the term.
I will probably look to cash mine in, if it's just a case of getting your initial investment back.

[Abseits]

I heard via an email from Tifosi this morning...

I always thought I'd be cashing them in after the 5 years were up but now push has come to shove I can't see point in taking the money out, I'd just be bunging it in some other account that pays inferior interest.

Obviously we all have different circumstances but I'd assume at least two-thirds of folks will re-invest. That'd still mean club having to return £2 million cash to those wanting out but I reckon they could recoup that via flogging the new bonds to a fresh round of investors or current investors upping their holdings.

I suppose it will look less "scary" this time around because the whole thing has gone smoothly with the 2021 issue with all the perks and interest delivered as promised so anyone previously on-the-fence might feel more minded towards going for it.

The main hope must be that the 2021 bond doesn't become a financial millstone next financial year with the club having to hand back £millions to fans. It does look like everyone should be okay though.